What’s Your “Freedom Number”?

What's Your Freedom Number

Back in August of 2010 I retired after 34 years in public education. Retirement sounded exciting… but along with it came a significant reduction in pay.

So I remained part time in my position of Technology Coordinator for the school district in order to supplement my retirement income… I like to tell people that I am “almost” retired.

But, because of this, I have still not reached my goal of “really” being retired… of gaining my “time” and “Financial” freedom.

I am very involved in the ministry of my church, and sometimes, opportunities come up that I would love to volunteer for… especially in disaster relief efforts.

As it stands now, however, I am often unable to volunteer because of the time and financial constraints… it costs a lot of money to fly to some of these places that need help.

So, the question to answer here is how much income I would need each month to step away from my present job. Even though it is just part time, it is still essential to meet my monthly cost of living.

I am luckier than most because my wife and I both receive retirement checks each month. My calculations determine that I need $2,000 each month as my “freedom number”.

How do I reach that income each month?

My commission on the “front end” product of my primary program comes to about $20 per sale. That would mean that I would need to make 100 sales each month to reach my “freedom number”… that’s about 25 sales per week.

But wait… there are also “back end” sales, one of which is a monthly membership site which pays me $42 per sale.

Now the “freedom number” drops to just under 50 sales per month

And the neat thing is the monthly membership site is recurring… this means that once a sale is made, and the customer continues to keep their membership, the cash keeps coming in.

Eventually I will build up a residual income, based on about 50 sales per month, that just keeps coming in, even though I might be in Swaziland, Africa working in an orphanage.

That’s what I’m looking for… that’s my “freedom number”…

What’s yours?


 

P.S. – My commission on a “high ticket” product sale is $1,000… I would only have to make two sales each month to reach my “freedom number”…

Check out the video link below to learn how…

We LOVE you so.. how about liking us on Facebook?..

Powered By Facebook Like Post Plugin

“Want To” and “How To”

"Want To" - "How To"

Life is a unique combination of “want to” and “How to”, and we need to give equal attention to both.    -Jim Rohn


“Want To”

Let me ask you a couple of questions:

First question…

What is your reason for wanting to build a successful, sustainable, and profitable online business?  What drives you?  What energizes your efforts?

Second question…

Will you do everything it takes to accomplish that goal?

If you’re NOT willing to do everything it takes, then it’s not going to happen…

Simple as that!

 

“How To”

The second part of the equation is the “how to”.

The neat thing about this part is that, unlike the “want to”, the “how to” does not have to totally rely on you personally.

Yes, there are a lot of marketing tasks that need to center on you and your talents and skills… like writing your blog posts and email follow-up messages, for instance.

For you to truly develop a relationship with your readers and subscribers, you need to interject your own personality and experiences into your posts and messages. Therefore, that is one task that needs to rest on you personally.

But there are a lot of other aspects of your online business that can be outsourced, or “hired out”, so to speak…  “techie” things, for example.

 

So, here’s the plan…

1. Continue to work on developing the skills you already have…

These might include writing, developing product ideas, creating ads, building websites… whatever your skills and talents consist of.

2. Learn new skills as they are needed…

Need to set up a WordPress blog? Look for a training series to teach you how. Need to set up an autoresponder?  There’s YouTube… learn how. You get the picture.

3. Remember that your main focus is to keep your business moving forward.

If it takes so much of your time to learn a new task that your business stalls out, then outsource it.

One way to get your business up and going quickly is to become an affiliate, promoting another marketer’s products.  In that way you can focus on your marketing, and let others take care of product development and support.

One of the very best product funnels I have ever come across is Dean Holland’s “Big Affiliate Blueprint”.

Why not take a few minutes and check out Dean’s flagship product funnel… maybe this is the vehicle you have been looking for to jump start your online quest.  Click on the banner below to view the free video which explains everything…

arrow2

We LOVE you so.. how about liking us on Facebook?..

Powered By Facebook Like Post Plugin

Content Protected Using Blog Protector By: PcDrome.